Radio Stocks Slip as TV Rights Itself

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After two gruesome days on Wall Street, television stocks bounced back strongly on Friday led by a double digit gain for Hispanic specialist Entravision. Radio, on the other hand, lost about half a percent of its value, Radio One was hotter than Entravision.


The RBR Radio Index fell 3.250, or 0.5%, to 669.923.

The TVBR Television Index rose 32.267, or 4.0%, to 910.837.

Winners
Radio One, up 17.4%
Entravision, up 14.7%
Fox, up 7.4%

Losers
Salem, down 6.1%
iHeart, down 4.8%
Emmis, down 4.1%

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